SOLD
Sold on 06 Aug 2024 for $570,000

11 Glenelg Court
Annandale QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 694m2
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Property Details for 11 Glenelg Ct, Annandale

11 Glenelg Ct, Annandale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 694m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Annandale in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
143m2
Land Size
694m2
Local Government
Townsville City
Lot/Plan
305/SP122679

Last Listing description (September 2024)

With a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in with a rental income of $530.00 per week. Nestled on a generous 694m2 block, this meticulously maintained property offers a perfect blend of space, comfort, and convenience.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to on sell to another investor at any time during the lease.

Discover the perfect investment opportunity in the sought-after area of Annandale, with a guaranteed DHA lease in place until 23/06/27, offering yearly rental valuations. This property is not just a house; it's a hassle-free investment into a growing market.

Property Overview:

Nestled in a prime location, this meticulously designed home boasts four spacious bedrooms, two modern bathrooms, and a large double car garage, presenting an ideal layout for family living. The heart of the home is a contemporary kitchen, featuring high-quality appliances and a breakfast bar, seamlessly flowing into an open-plan living and dining area-perfect for entertaining and relaxation.

The master suite offers a private retreat with a walk-in wardrobe and an ensuite, while three additional bedrooms provide flexibility for tenants, ensuring broad market appeal. The expansive backyard on a 694m2 block offers a blank canvas for outdoor activities, promising a lifestyle of comfort and convenience.

Investor Highlights:

Steady Cash Flow: A secure DHA lease provides a consistent rental yield, making it an attractive proposition for immediate return on investment.
Hassle-Free Management: With the property under DHA management, investors benefit from stress-free leasing, with maintenance and care handled professionally.
Prime Location: Positioned in Annandale, the property is close to essential amenities, including schools, parks, shopping centers, and transport links, ensuring long-term rental demand.
Growth Potential: Located in a region experiencing growth, this investment offers potential capital appreciation over time.

Why Invest Here?

4 bedrooms, 2 bathrooms, and a double garage cater to a broad rental market.
A secure, long-term DHA lease until guarantees rental income from day one.
The property's location and features promise sustained tenant demand.
An expansive 694m2 lot provides added value and appeal.
Make a Smart Investment Decision

This property is more than just a home; it's a turnkey investment opportunity offering guaranteed income, minimal management effort, and the potential for capital growth in Annandale. With the current DHA lease, investors can immediately benefit from a secure and lucrative return.

Don't miss this exceptional investment opportunity. Contact us now to learn more about how this property can complement your investment portfolio.

Disclaimer:

We have in preparing this advertisement used our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property History for 11 Glenelg Ct, Annandale, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$570,000
06 Aug 2024
  • 06 Aug 2024
    Sold for $570,000
  • 10 Jun 2024
    Listed for Sale Not Disclosed
  • 17 May 2004
    Sold for $300,000
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About Annandale 4814

The size of Annandale is approximately 6.8 square kilometres. It has 13 parks covering nearly 27.9% of total area. The population of Annandale in 2011 was 8,972 people. By 2016 the population was 8,570 showing a population decline of 4.5% in the area during that time. The predominant age group in Annandale is 10-19 years. Households in Annandale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annandale work in a professional occupation. In 2011, 71% of the homes in Annandale were owner-occupied compared with 71.4% in 2016.

Annandale has 3,122 properties. Over the last 5 years, Houses in Annandale have seen a 66.02% increase in median value, while Units have seen a 40.13% increase. As at 30 September 2024:

  • The median value for Houses in Annandale is $668,368 while the median value for Units is $411,054.
  • Houses have a median rent of $550.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Annandale on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Annandale.

Suburb Insights for Annandale 4814

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.